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Russians Stunned As Chinese Leader Pushes Gold Backed Yuan

Today a legend who was just asked by the Chinese government to give a speech to government officials in China told King World News that the Russians listened intently as the leader of a state owned Chinese company pushed for a gold backed yuan. John Ing, who has been in the business for 43 years, also shared many other stunning developments from his trip to speak with a large number Chinese government officials.

Ing: “Gold has made an 8 1/2 month low while the U.S. dollar has made a 4 year high. I have said repeatedly that gold has a triple-bottom in place at $1,180. So I think that’s the worst case and that’s less than 3 percent away from current levels….